2020-2021 DOI Rulemaking Activity
2019-2020 DOI Rulemaking Activity
The following describes rulemaking activity for submission before the Legislative Session 2021.
ADOPTION OF THE INTERNATIONAL FIRE CODE – 18.08.01
The State Fire Marshal adopts the International Fire Code (IFC). Under the 2018 fire code (IFC) that will go into effect on
January 1, 2021, are two subsections that the Department wishes to exempt fromenforcement, at least at the state level. This
rulemaking seeks to allow local jurisdictions to determine the use of permits for food truck operation in their jurisdiction;
and, to eliminate the requirement of a US DOT inspection on the fuel piping in foodtrucks.
OMNIBUS RULEMAKING FOR IDAPA 18, FEE RULES FOR THE IDAHO DEPARTMENT OF INSURANCE
Temporary fee rules effective March 20, 2020, were adopted and published in the
April 15, 2020, Special Edition of the
Idaho Administrative Bulletin.
2018-2019 DOI Rulemaking Activity
The following describes rulemaking activity for submission before the Legislative Session 2020.
RULES GOVERNING SHORT-TERM HEALTH INSURANCE COVERAGE- Docket Number 18-0416-1901 (NEW CHAPTER)
House Bill 275 passed the legislature and was signed into law by the Governor amending sections 41-5203, 41- 5207,
Chapter 52, Title 41. It added a new section of Idaho Code to define and provide for the purchase of enhanced
short-term health insurance plans. Enhanced short-term plans will have an initial period of less than twelve (12)
months. This rule will offer choices to consumers for individual health insurance and define the consumer protections
required to offer such plans.
|January 1, 2020
||Notice of Rulemaking - Adoption of Pending Rule
||Text of Pending Rule
|October 2, 2019
||Notice of Rulemaking - Proposed Rule
||Text of Proposed Rule
|July 3, 2019
||Notice of Intent to
Promulgate Rules - Negotiated Rulemaking – Public Meeting: July 24, 2019@ 3:00 pm
UPDATE TO VENUE: Idaho Statehouse, Garden Level WW-54, 700 W Jefferson St, Boise, ID 83702
|Text of Draft Rule
|July 1, 2019
||Temporary Rule effective July 1, 2019
||Text of Temporary Rule
INDIVIDUAL DISABILITY AND GROUP SUPPLEMENTAL DISABILITY INSURANCE MINIMUM STANDARDS RULE – 18.04.08
This rule provides standards for various individual disability and group supplemental disability policies. This
rulemaking seeks to fix confusing pre-existing condition language, remove limited benefit coverage type, make other
clarifications and restructure sections in order to clarify which benefits apply to which type of coverage.
RULES FOR THE SURPLUS LINES REGULATION – 18.06.06
This rule combines parts of three former rules regarding surplus lines into one rule following the Governor's
Executive Order 19-02, the Red Tape Reduction Act. This rule provides updated procedures for the placement of
surplus lines insurance in the state of Idaho.
Omnibus Rulemaking for IDAPA 18, Rules for the Idaho Department of Insurance
Rulemaking initiated to adopt and re-publish existing and previously approved and codified chapters
under IDAPA 18, rules of the Idaho Department of Insurance.
Temporary rules effective June 30, 2019, were adopted as pending and published in the
November 20, 2019, Special Edition of the Idaho Administrative Bulletin.
These are the DOI rules:
|18.01.01|| Rule to Implement the Privacy of Consumer Financial Information|
|18.01.02|| Schedule of Fees, Licenses, and Miscellaneous Charges|
|Property, Casualty, Auto Ins|
|18.02.01|| Insurance Rates and Credit Rating|
|18.02.02|| Automobile Insurance Policies|
|18.02.03|| Certificate of Liability Insurance for Motor Vehicles|
|Life & Annuity|
|18.03.01|| Suitability in Annuity Transactions|
|18.03.02|| Life Settlements|
|18.03.03|| Variable Contracts|
|18.03.04|| Replacement of Life Insurance and Annuities|
|18.03.05|| Credit Life and Credit Disability Insurance|
|Health & Disability Insurance|
|18.04.01|| Health Carrier External Review|
|18.04.02|| Rule to Implement Uniform Coverage for Newborn and Newly Adopted Children|
|18.04.03|| Advertisement of Disability (Accident and Sickness) Insurance|
|18.04.04|| The Managed Care Reform Act Rule|
|18.04.05|| Self-Funded Health Care Plans Rule|
|18.04.06|| Governmental Self-Funded Employee Health Care Plans Rule|
|18.04.07|| Restrictions on Discretionary Clauses|
|18.04.08|| Individual Disability and Group Supplemental Disability Insurance Minimum Standards Rule|
|18.04.09|| Complications of Pregnancy|
|18.04.10|| The Medicare Supplement Insurance Minimum Standards Model Act|
|18.04.11|| Long-Term Care Insurance Minimum Standards|
|18.04.12|| The Small Employer Health Insurance and Availability Act (incorporates provisions of 18.04.13, Rules Governing Small Employer Health Insurance Availability Act Plan Design)|
|18.04.13|| The Individual Health Insurance Availability Act (formerly known as IDAPA 18.04.14)|
|18.04.14|| Coordination of Benefits (formerly known as IDAPA 18.04.15)|
|18.04.15|| Rules Governing Short-Term Health Insurance Coverage (formerly known as IDAPA 18.04.16)|
|18.05.01|| Rules for Title Insurance Regulation (incorporates provisions of 18.05.02 and 18.05.03)|
|Agents & Licensing|
|18.06.01|| Rules Pertaining to Bail Agents|
|18.06.02|| Producers Handling of Fiduciary Funds|
|18.06.03|| Rules Governing Disclosure Requirements For Insurance Producers When Charging Fees|
|18.06.04|| Continuing Education|
|18.06.05|| Managing General Agents|
|18.06.06|| Rules for the Surplus Line Brokers|
|18.07.01|| Rules Pertaining to Acquisitions of Control, Insurance Holding Company Systems and Mutual Insurance Holding Companies (incorporates provisions of former 18.07.11, Mutual Insurance Holding Company Rules)|
|18.07.02|| Reserve Liabilities and Minimum Valuations for Annuities and Pure Endowment Contracts|
|18.07.03|| Valuation of Life Insurance Policies Including the Use of Select Mortality Factors|
|18.07.04|| Annual Financial Reporting (incorporates provisions of former 18.07.07, Min. Reserve Standards for Individual and Group Health Insurance Contracts) |
|18.07.05|| Director's Authority for Companies Deemed to be in Hazardous Financial Condition|
|18.07.06|| Rules Governing Life and Health Reinsurance Agreements|
|18.07.07|| Credit for Reinsurance Rules (formerly known as IDAPA 18.07.08)|
|18.07.08|| Property and Casualty Actuarial Opinion Rule (formerly known as IDAPA 18.07.09)|
|18.07.09|| Life and Health Actuarial Opinion and Memorandum Rule (formerly known as IDAPA 18.07.10)|
|18.07.10|| Corporate Governance Annual Disclosure (formerly known as IDAPA 18.07.12)|
|State Fire Marshal|
|18.08.01|| Adoption of the International Fire Code|
|18.08.02|| Fire Protection Sprinkler Contractors|
2017-2018 DOI Rulemaking Activity
The following describes rulemaking activity for submission before the Legislative Session 2019.
Rule to Implement Uniform Coverage for Newborn and Newly Adopted Children - Docket Number 18-0106-1801
The current rule applies to self-funded health plans subject to registration with the Department as well as health insurers and addresses coverage for congenital anomalies.
There is some language in the rule that refers to premiums which denotes health insurance only and causes confusion for self-funded plans given that the terminology for payments
by members covered by a self-funded plan is "contribution" and not "premium."
Rules Pertaining To Idaho Acquisitions of Control and Insurance Holding Company Systems – Docket Number 18-0123-1801
We expect to revise language in IDAPA 23 at Subsection 027.01 regarding extraordinary dividends to be consistent with changes made to Idaho Code § 41-3812, following enactment
of House Bill 454 in 2018.
Advertisement of Disability (Accident and Sickness) Insurance - Docket Number 18-0124-1801
Section 025 of the rule states that the Director may require the filing of “direct response” advertising regarding disability accident and sickness policies. Some carriers, typically
those seeking to sell limited benefit plans, object to filing advertising materials. This results in the Department sending a separate request for this material. The Department
believes that it's appropriate to be able to review advertising material, and this change would streamline that communication and process. This rulemaking seeks to modify the
rule to eliminate the reference to “direct response” advertising.
Individual Disability and Group Supplemental Disability Insurance Minimum Standards Rule - Docket Number 18-0130-1801
This rulemaking follows House Concurrent Resolution 45 adopted in 2018 and meetings that have already occurred with the Department of Insurance. Health insurers have not covered
hearing aids for children based on exclusionary language in this rule. The Department seeks to revise language in section 011 related to exclusions for hearing aids to provide
an exception related to medically necessary treatment for a congenital anomaly. (This rule impacts individual insurance coverage; companion rulemaking will address the small
group market in IDAPA 18.01.70.)
Schedule of Fees, Licenses, and Miscellaneous Charges - Docket Number 18-0144-1801
The Department of Insurance has withdrawn and is not proceeding with formal rulemaking activity in Docket No. 18-0144-1801.
We may consider but are not committed to moving forward with it in the future.
Rule pertaining to Fire Protection Sprinkler Contractors - Docket Number 18-0149-1801
We expect to revise language in IDAPA 18.01.49 to eliminate subsection 011.07 providing for an advisory board, which board has never been formed; eliminate some language in section
021.06 concerning fees that tie the fee amount to one percent of the bid amount. Language imposing fees in the amount of $2.00 per sprinkler head payable to the local department
or the State Fire Marshal will be retained including the retention of the maximum and minimum fees.
Rule To Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act- Docket Number 18-0154-1801
This negotiated rulemaking seeks to make updates following the NAIC model rule to add definitions for the 2020 Standardized Medicare Supplement Benefit Plans and add more detailed
sections with respect to such plans.
Rule to Annual Financial Reporting - Docket Number 18-0162-1801
We expect to revise and update IDAPA 18.01.62 to include NAIC Annual Financial Reporting Model Regulation #205 provisions supporting the requirement of an independent internal
audit function for large insurance companies or insurance holding company groups. The requirement would apply for insurance companies with over $500 million in annual premiums
written (or $1 billion if a member of a group). This anticipated rulemaking will require a standard best corporate governance practice to assist company management and the board
of large insurers by implementing sound business practices to maintain solvency and honor all policyholder obligations.
Rules Governing Small Employer Health Insurance Availability Act Plan Design - Docket Number 18-0170-1801
This rulemaking follows House Concurrent Resolution 45 adopted in 2018 and some meetings that have already occurred with the Department of Insurance. Health insurers have not covered
hearing aids for children based on exclusionary language in this rule addressing the small group market. We seek to revise language of Section 016 related to exclusions for hearing
aids to provide an exception for medically necessary treatment for a congenital anomaly. (This rule is a companion rule to that affecting the individual insurance market IDAPA 18.01.30.)
2016-2017 DOI Rulemaking Activity
The following describes rulemaking activity for submission before the Legislative Session 2018.
Rule Pertaining to Insurance Policy Titles - Docket Number 18-0102-1701
The body of the current rule consists of one sentence barring the approval of any life insurance policy bearing a name which is
misleading or confusing. Such policies are already prohibited by section 41-1813, Idaho Code. IDAPA 18.01.02 is not
necessary for the effectuation of Idaho insurance code as it does not add anything of value in understanding or effectuating
section 41-1813, Idaho Code or other provisions of Idaho insurance code. This rulemaking seeks to repeal this rule.
Rule Pertaining to Filing of Life Policy Forms- Docket Number 18-0108-1701
The current rule, which was adopted in 1962, calls for life policy forms to be submitted to the Department “in duplicate”;
policy forms have long been submitted electronically through the System for Electronic Rate and Form Filings (SERFF).
IDAPA 18.01.08 is not necessary for the effectuation of Idaho insurance code. The substantive-type provisions of this
rule may be unnecessary. Also, other provisions apply to policies per Idaho Code § 41-1927. This rulemaking seeks to
repeal this rule.
Rule Pertaining to Cancellation of, or Refusal to Renew Automobile Insurance Policies - Docket Number 18-0120-1701
Idaho Code § 41-2502 requires that insurers offer uninsured and underinsured auto coverage to Idaho consumers and also
provides that a consumer can reject such coverage in writing when the policy is first purchased. Subsection (3) of this
section also provides that the insurer provide a statement approved by the Director of the Department of Insurance explaining
both types of coverage and the types of underinsured coverage that might be available in Idaho. The department fulfilled
this directive initially by publishing Bulletin 08-08. Recently there has been discussion
about whether consumers are adequately protected under the status quo. In 2017, there were three bills (H0163, S1048, and
S1078) that considered proposing amendments to Idaho Code §§ 41-2502 or 41-2503 (the latter section containing definitions).
Legislators suggested that the Director meet with industry to consider alternatives that might better serve Idahoans. The resulting
pending rulemaking provides a revised disclosure form to be used by carriers no later than January 1, 2019.
Rule Pertaining to Sale of Insurance by Vending Machines- Docket Number 18-0122-1701
This rule dates back to 1979 and is outdated. It is not currently monitored by the DOI, no licenses currently exist, nor
are any expected. The fee for vending machine licenses is not addressed or included in the Department's general fee rule,
IDAPA 18.01.44. Internet options have replaced this mode of accessibility for the public, along with provisions on credit
cards for purchasing travel insurance. Recent legislative change (S1079, effective 7/1/17) removes retail licensing
requirements. This rulemaking seeks to repeal this rule.
Rule Pertaining to Title Insurance and Title Insurance Agents and Escrow Officers- Docket Number 18-0125-1701
This pending rulemaking amends language to make title insurance policy cancellation fees permissive rather than mandatory because
there are various scenarios where it seems inappropriate to charge a cancellation fee, and title insurance agents would
not charge cancellation fees but for the rule.
Rule Pertaining to Individual Disability and Group Supplemental Disability Insurance Minimum Standards - Docket Number 18-0130-1701
Following negotiated rulemaking, the pending rule allows, but does not require, carriers to offer return of premium or cash
value benefits to covered persons for specified disease, limited benefit policies, and accident only policies in addition to
the other types of policies currently permitted.
Rule Pertaining to Guidelines Respecting the Use of Claim Forms for Disability Insurance Claims - Docket Number 18-0135-1701
The current rule requires insurers to furnish, to hospitals and certain other service providers, a six month supply of paper
forms for the filing of claims. Since the rule was adopted in 1980, the vast majority of claims are submitted
electronically, and it is no longer necessary for providers to have a six-month supply of paper forms on hand at all times.
IDAPA 18.01.35 is not necessary for the effectuation of Idaho insurance code as it reflects outmoded practices. This
rulemaking seeks to repeal this rule.
Rule Pertaining to Rebates and Illegal Inducements to Obtaining Title Insurance Business - Docket Number 18-0156-1701
This pending rulemaking seeks to amend the definition of “things of value” at Subsection 010.05 and revise provisions 4.l. and 9
of Exhibit 1, which currently require cancellation fees. There are various scenarios where it seems inappropriate to charge a
cancellation fee, and title insurance agents would not charge cancellation fees but for the rule.
Rule to Implement the Individual Health Insurance Availability Act Plan Design - Docket Number 18-0173-1701
The current rule provides specifics for the plan design of five individual health plans to be offered through the Idaho
Individual High Risk Reinsurance Pool, per Chapter 55, Title 41, Idaho Code. Revisions to this chapter, effective
7/1/2017, have eliminated the requirement and the need to design specific products for the Pool, which, going forward,
will likely function as a reinsurance mechanism for individuals with certain health conditions enrolled in major
medical individual health insurance plans available market-wide. IDAPA 18.01.73 is no longer necessary for the
effectuation of Idaho insurance code as Chapter 55, Title 41, Idaho Code no longer provides for individuals to be
enrolled in unique high risk pool plans. The approximately 50 individuals grandfathered into these plans prior to the
2017 legislation will be renewed into these plans, if they desire, without modification to plan design. Therefore,
rules for design of these plans are obsolete as no new such plans will be created. This rulemaking seeks to repeal
Rule Pertaining to Credit for Reinsurance - Docket Number 18-0175-1701
This pending rulemaking seeks to revise and update IDAPA 18.01.75 to include NAIC Credit for Reinsurance Model Regulation #786 provisions supporting the
modernization of reinsurance regulation. This updated rulemaking sets forth rules and procedural requirements necessary to carry out the provisions
of Idaho Code § 41-515, following H.B. 101 enacted in 2017.
Rule pertaining to Corporate Governance - Docket Number 18-0181-1701
This pending rulemaking seeks the addition of a new rule following the enactment of Title 41 Chapter 64 that will provide insurers
with more detailed procedures for submitting the required Corporate Governance Annual Disclosure (CGAD) filing and includes the
contents that are deemed necessary by the Director of the Department of Insurance to carry out the provisions of Chapter 64 following H.B. 102
enacted in 2017.
2015-2016 DOI Rulemaking Activity
The following describes rulemaking activity for submission before the Legislative Session 2017.
Rules Pertaining to Producers Handling of Fiduciary Funds - Docket Number 18.01.10
The existing rule is amended concerning bail to provide deposit rules for cash collateral similar to
that of other funds that insurance producers receive from clients, namely, to treat cash collateral as fiduciary funds.
Restrictions on Discretionary Clauses in Health Insurance Contracts - Docket Number 18.01.29
The Department of Insurance has withdrawn rulemaking Docket No. 18-0129-1601.
Rule to Implement the Privacy of Consumer Financial Information - Docket Number 18.01.48
This rule confers a benefit upon insurers and producers (licensees of the DOI) by providing language
relieving them from having to send their customers an annual privacy notice where they comply with other requirements concerning
any disclosure of personally identifiable financial information and only in situations where the licensee's practices and policies
regarding disclosure have not changed since the last notice sent to their customer. The rule also
confers a benefit upon consumers relieving them from receiving duplicative annual notices, such that only new or changed notices
will be received.
Adoption of the International Fire Code - Docket Number 18.01.50
The existing rule is amended to adopt the 2015 International Fire Code to match the
anticipated adoption of the 2015 International Building Code by the Division of Building Safety.
Rule to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act - Docket Number 18.01.54
- The existing rule is amended to require all Medicare Supplement (aka Medigap) carriers to offer coverage to pre-65 Medicare eligible individuals; clarifies the requirement to account for interest in projections; requires experience and rate increases to be pooled among all plans offered by a company; and clarifies rating/underwriting factors that can be used and when (e.g. smoking and pre-65).
Rebates and Illegal Inducements to Obtaining Title Insurance Business Rules - Docket Number 18.01.56
This rule concerns rebates and illegal inducements in title insurance and provides limits on what items of value may be
provided to producers of title business. Changes in technology have increased efficiencies of operations for title agents such that
items of value can be produced much more quickly, easily, and therefore inexpensively. Additionally, some of the limitations in the
rule have not been changed in many years. The rulemaking made the following changes:
- Subsection 012.02 (Listing Packages) – permits photos to be included in allowed materials if no additional
charge is required; paper delivery would have commensurate charge.
- Subsection 012.03 (Additional Information That May Be Provided) – permits last deed of record.
- Subsection 013.01 (Advertisement) – eliminated the quarterly publication requirement; amended to permit
advertising in annual trade association publications.
- Subsection 014.01 (Self-Promotional Items) – increased amount spent on self-promotion items from $10 to
$25/item and from $50 to $200/year in cumulative value.
- Subsection 014.03 (Educational Programs) – increased the expenditure from $10 to $20 per person. Also
changed “solely regarding title and escrow.” The intent is to expand the programs which may be offered
while maintaining the integrity of the topics as being “related” to title and escrow.
- Section 017 (Escrow Closing Charges and Premium Rates) – removed the reference to Section 41-2706,
Idaho Code, which is improper following a legislative change in 2011.
2014-2015 DOI Rulemaking Activity
The following describes rulemaking activity for submission before the Legislative Session 2016, and published
in the Idaho Administrative Bulletin Volume 15-7, July 1, 2015.
Rules Pertaining to Self-Funded Employee Health Care Plans
This rulemaking seeks to amend Rule 27 to conform to code changes made during 2013, provide additional clarity,
and remove some duplicative language unnecessary to the rule that reiterates the code.
18.01.27 – Notice Of RuleMaking - Adoption of Pending Rule.
Rules Pertaining to Schedule of Fees, Licenses and Miscellaneous Charges
This rulemaking seeks to amend IDAPA 18.01.44.030 to add a licensing/renewal fee for public adjusters of $80
(eighty dollars); seeks to amend 18.01.44.020.03 to clarify that registration of self-funded student health
plans is subject to the licensing/renewal $500 (five-hundred dollars) fee just like self-funded employer plans,
and may seek to amend the 18.01.04.030.02 regarding the $60 (sixty dollars) fee an applicant for a producer or
adjuster license pays to take an examination.18.01.44
18.01.44 – Notice Of RuleMaking - Adoption of Pending Fee Rule.
Rules Pertaining to Long-Term Care Insurance Minimum Standards
The long-term care rule (IDAPA 18.01.60.017) currently references inflation protection but does not clearly
establish a minimum amount applicable to long-term care partnership policies. Qualifying long-term care
partnership policies allow consumers who buy them to qualify for Medicaid asset disregard. For long-term care
partnership policies, the Department has applied a minimum 5% annual inflation protection, or alternatively,
benefit guarantees of not less than the annual change in the Consumer Price Index by Bulletin 06-07. The
department expects to pursue rulemaking to modify minimum inflation protection applicable to long term care
partnership policies, which should promote more purchases of them. The rulemaking may also impact inflation
protection for non-partnership policies.
18.01.60 – Notice Of RuleMaking - Adoption of Pending Rule.
2013-2014 DOI Rulemaking Activity
The following describes rulemaking activity effective April 11, 2015 (adjournment of the legislature) unless otherwise noted.
Rules Pertaining to Recognition of New Annuity Mortality Tables for Use in Determining Reserve Liabilities for Annuities and Pure Endowment Contracts.
This rulemaking amends Rule 46 to adopt NAIC 2012 individual annuity reserve table (2012 IAR) per NAIC model 821 for annuities issued January 1, 2015, and later.
18.01.46 – Notice of Rulemaking – Adoption of Pending Rule and Adoption of Temporary Rule
18.01.46 – Text of Final Rule.
Rules Pertaining to Continuing Education
This rulemaking requires resident adjusters and those adjusters with Idaho as the home state as well as resident/home state public adjusters to meet continuing education requirements, and that the specifics of Rule 53, such as the approval of courses by the CE Committee, will apply.
18.01.53 – Notice of Rulemaking – Adoption of Pending Rule
18.01.53 – Text of Final Rule.
Rules Pertaining to Change in the Schedule of Fees, Licenses and Miscellaneous Charges
This rulemaking sought to:
- provide clarity concerning the required fee for self-funded student health plans that register with the Department;
- make a technical correction to delete surplus language;
- provide for the same licensure fee for public adjusters as exists for adjusters, namely, $80; and
- change the fee for examinations for producer and adjuster license applicants from a flat $60 to an amount not to exceed $80.
2012-2013 DOI Rulemaking Activity
The following describes rulemaking activity effective March 30, 2014 (adjournment of the legislature).
Rules Pertaining To Bail Agents
This rulemaking deletes sections 18.01.04.016.02 and 18.01.04.016.3 from
Rule 18.01.04 to conform the rule to the interpretation of Idaho Code 41-1042 consistent with the
Idaho Supreme Court’s ruling in Two Jinn v. Idaho Department of Insurance, 154 Idaho 1, 293 P.3d
18.01.04 – Notice of Pending Rule.
18.01.04 – Text of Final Rule.
Rules Pertaining to the Idaho Insurance Holding Company System Regulatory Act
This rulemaking updates the existing
rule consistent with changes made to title 41, chapter 38, Idaho Code during the 2013 legislative
session in House Bill 197 affecting insurance holding company systems. Changes include, but are
not limited to, setting forth the elements of the new filing requirements for a new Form F –
Enterprise Risk Report.
18.01.23 – Notice of Pending Rule.
18.01.23 – Text of Final Rule.
Adoption of The International Fire Code
To revise language in IDAPA 18.01.50 to adopt the 2012 edition of the
International Fire Code. This adoption includes revisions made to previous editions of the
International Fire Code. This rule brings the adopted edition of the International Fire Code
current with the edition of the Building Code adopted by the Legislature in 2013.
18.01.50 – Notice of Pending Rule
18.01.50 – Text of Final Rule
The following Department of Insurance rules became final and effective upon
adjournment of the legislature, April 4, 2013:
18.01.09 – Suitability in Annuity Transactions. Prior rule was repealed, and new
rule added based on 2010 NAIC Model Rule; requires the producer or insurer to
have reasonable grounds to believe an annuity is suitable based on specific
information of the consumer prior to making a recommendation to the consumer;
also requires producers engaged in the sale of annuity products to complete a
one-time, four-credit training course.
18.01.19 – Insurance Rates and Credit Rating. Clarifies when and how an
insurer’s use of consumer credit information will be deemed to be improper and
in violation of Idaho Code, and permits insurers to use a neutral credit factor
or score against which to measure compliance with Idaho Code, both at initial
rating and upon renewal.
18.01.44 – Schedule of Fees, Licenses and Miscellaneous Charges. At original
license application, a vendor of portable electronics insurance engaged in
portable electronics transactions at more than ten locations in Idaho, the fee
is $1000. For a vendor engaged in portable electronics transactions at ten or
fewer locations, the fee is $100. At renewal, a vendor of portable electronics
insurance engaged in portable electronics transactions at more than ten
locations, the renewal fee is $500. A vendor engaged in portable electronics
transactions at ten or few locations pays a renewal fee of $100. Fingerprint
processing fees are increased up to, but may not exceed, $80.
18.01.56 – Rebates and Illegal Inducements to Obtaining Title Insurance
Business. Language added to permit title agents to provide attorneys and
appraisers plat maps and copies of CCRs without charge.